Cost of Living: Laredo, TX vs Peoria, AZ (2026)

Laredo

Texas
67
VS

Peoria

Arizona
125

Laredo is 46% cheaper than Peoria.

$1,001/mo ↓ 43%
Median Rent
$1,743/mo ↑ 74%
$63,264/yr ↓ 32%
Median Income
$93,403/yr ↑ 48%
$182,400 ↓ 58%
Home Value
$429,400 ↑ 135%
$1,066/mo ↓ 33%
Owner Costs
$1,589/mo ↑ 49%
255,949
Population
194,338

Tax Comparison

0%
Income Tax
2.5%
6.25%
State Sales Tax
5.6%
1.6%
Property Tax
0.62%

Affordability

19.0%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Peoria, AZ, the overall cost of living indices are 67 and 125 respectively (national median = 100). Rent is $742/month cheaper in Laredo, saving renters about $8,904/year.

Median household income is $30,139/year higher in Peoria. Home values also differ significantly — the median in Laredo is $182,400 compared to $429,400 in Peoria.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Laredo vs Peoria — common questions

Is Laredo or Peoria cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 125 (US average = 100).
What is the rent difference between Laredo and Peoria?
Median rent in Laredo is $1,001/month and in Peoria it's $1,743/month — a difference of $742/month.
Which city has higher income, Laredo or Peoria?
Median household income is $63,264 in Laredo and $93,403 in Peoria. Median household income is $30,139/year higher in Peoria.
How do taxes compare between Texas and Arizona?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Laredo or Peoria?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Peoria details →

More Comparisons

Other cost of living comparisons for Laredo and Peoria

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